Berkshire Hathaway Class B Message Board

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Non-Tech : Berkshire Hathaway Class B

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To: Michael & B.Anne who wrote (860)	7/30/1999 4:01:00 PM
From: w molloy	Read Replies (1) of 1652

The market goes up - BRK goes down The market goes down - BRK goes down .... So much for this stock as a hedge.... As for this... "the company is the largest reinsurance company in North America and one of the largest in the world, the fact that it's one of the largest and most respected supercatastrophe underwriters in the world," Lets not forget the Lloyds scandal a few years ago when the company went broke, along with the 'names'(i.e. shareholders)who were personally liable, a string of unfortunate accidents. Lets see what happens to BRK after the next big earthquake (or winter flood) hits. If the market is as antsy then as it is now, the bottom will fall out of the BRK stock price. BTW - any TA experts out there willing to opine on support levels? w.

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